newark, california, January 25, 2023 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), setting a new standard with the longest range, fastest charging electric vehicle on the market, today announced a groundbreaking new electric drive unit for motorsports. Announced. Used on race circuits as the standard front drive unit for the world’s leading single-seater electric racing series.
“With a staggering 14.7 hp/kg power density and immense energy recovery, this drive unit follows in the footsteps of the innovative battery packs of previous racing seasons and once again transforms electric motorsport.” peter rawlinson, CEO and CTO of Lucid Group. “For Lucid, the technology transfer between motorsport and road cars is a two-way symbiosis. This new motorsport drive unit was developed in-house by Lucid and is the road-proven groundbreaking power of every Lucid Air. Built directly on train technology, I’m excited that some of the technological advances introduced could lead to future Lucid road cars.”
Combining all motors, inverters, differentials and transmissions, this new motorsport drive unit produces 469 horsepower and a maximum rotor speed of 19,500 rpm for a weight of just 70.5 pounds (32 kilos). It features the same state-of-the-art high-voltage continuous wave windings and a proprietary micro-jet cooling system found in the motors that power the Lucid Air sport sedans.
Placed in the nose cone of all current electric World Championship race cars, the new Lucid drive unit provides regenerative energy recovery from the front wheels during braking, increasing the race car’s performance envelope, efficiency, and alignment with road car advancements. Greatly improves relevance.
Just like the acclaimed Lucid Air Sport sedan’s motor is designed, engineered and manufactured entirely in-house by Lucid, the new Motorsport front drive unit is completely unique. Lucid leveraged their expertise in e-motor design, power electronics, computer simulation, and design engineering to create this state-of-the-art drive unit. Each motorsport drive unit is manufactured to exacting specifications at Lucid’s headquarters. California.
About Lucid Group
Lucid’s mission is to advance sustainable energy adoption by creating advanced technology and the most compelling luxury electric vehicles centered around the human experience. The company’s first vehicle, the Lucid Air, is a cutting-edge luxury sedan that CaliforniaInspired design with luxurious full-size interior space in a mid-size exterior footprint. The long-awaited Lucid Air Grand Touring features 819 horsepower.Delivery of Lucid Air produced in Lucid’s factory Casa Grande, Arizonacurrently in progress for customers in the United States, Canada, and Europe.
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This notice contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are “estimate,” “plan, plan, predict, intend, anticipate, anticipate, anticipate, believe, seek, target, continue, “may”, “may”, “could”, “may”, “predict” or other similar expressions that predict or indicate future events or trends; or is not a historical account. These forward-looking statements include, but are not limited to, statements regarding Lucid’s plans and expectations regarding new electric drive units for motorsports. This includes its specifications and potential impact, as well as the promise of Lucid’s technology. These statements are based on various assumptions and current expectations of Lucid’s management, whether or not identified in this communication. These forward-looking statements are not intended to act as guarantees, warranties or conclusive statements of fact or possibility and should not be relied upon by investors. Actual events and circumstances are difficult or impossible to predict and may differ from these forward-looking statements. Many actual events and circumstances are beyond Lucid’s control. These forward-looking statements are subject to a number of risks and risks, including those factors discussed under the heading “Risk Factors” in Item 1A, Part II of Lucid’s Quarterly Report on Form 10-Q for the final quarter. Subject to uncertainty. September 30, 2022, and other documents Lucid has filed or intends to file with the Securities and Exchange Commission. If any of these risks materialize or Lucid’s assumptions prove incorrect, actual results could differ materially from those implied by these forward-looking statements. There are additional risks not currently recognized by Lucid or that Lucid currently believes are not material that could cause actual results to differ from those contained in the forward-looking statements. Forward-looking statements reflect Lucid’s expectations, plans, projections of future events and beliefs as of the date of this communication. Lucid expects subsequent events and developments to change his assessment of Lucid. However, although Lucid may choose to update these forward-looking statements at some point in the future, Lucid expressly disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing his assessment of Lucid on or after the date of this notice. Therefore, undue reliance should not be placed on forward-looking statements.
Source Lucid Group